Cheap Hotels near the Royal Palace

Staying Near the Royal Palace of Madrid

The Palacio Real sits on the western edge of old Madrid, above the Manzanares river — the largest functioning royal palace in Western Europe by floor area (135,000 m²). Metro: Ópera (L2 + Ramal), the closest station. Opening: Oct-Mar 10:00-18:00, Apr-Sep 10:00-20:00. Free for EU citizens on afternoons (after 16:00 Oct-Mar, after 18:00 Apr-Sep — check current schedule).

What's Around the Palace

Getting to La Latina and Tapas

From the Palace, La Latina is 12-15 minutes' walk east along Calle Mayor. This is one of Madrid's most pleasant evening walks — the old city streets, the market square of Plaza Mayor (halfway), and then Cava Baja for tapas. Most visitors do this combination: Palace in the afternoon, tapas in La Latina for dinner.

Best Hotels Near the Royal Palace

The Ópera/Palacio barrio directly around the Palace is one of Madrid's more expensive neighbourhoods for hotels. Better value options are in La Latina (12 min walk) or Sol (15 min walk), which both offer the same walking access to the Palace at significantly lower prices.

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